For the production function Q = 0.2L2 returns to scale is: a.Constant Returns to Scale b.Decreasing Returns to Scale c.Increasing Returns to Scale d.Zero Return to Scale
For the production function Q = 0.2L2 returns to scale is: a.Constant Returns to Scale b.Decreasing Returns to Scale c.Increasing Returns to Scale d.Zero Return to Scale
Chapter7: Proudction Costs
Section: Chapter Questions
Problem 15SQ
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For the production function Q = 0.2L2 returns to scale is:
a.Constant Returns to Scale
b.Decreasing Returns to Scale
c.Increasing Returns to Scale
d.Zero Return to Scale
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